How to Invest in Bank of India Ultra Short Duration Fund Direct IDCW Daily?

You can easily invest in Bank of India Ultra Short Duration Fund Direct IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Bank of India Ultra Short Duration Fund Direct IDCW Daily from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Bank of India Ultra Short Duration Fund Direct IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Bank of India Ultra Short Duration Fund Direct IDCW Daily provide?

The Bank of India Ultra Short Duration Fund Direct IDCW Daily has been there from 01 Jan 2013 and the average annual returns provided by this fund is 7.30% since its inception.

How much expense ratio is charged by Bank of India Ultra Short Duration Fund Direct IDCW Daily?

The term Expense Ratio used for Bank of India Ultra Short Duration Fund Direct IDCW Daily or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Bank of India Ultra Short Duration Fund Direct IDCW Daily is 0.39% as of 25 Sep 2025...

What is the AUM of Bank of India Ultra Short Duration Fund Direct IDCW Daily?

The AUM, short for Assets Under Management of Bank of India Ultra Short Duration Fund Direct IDCW Daily is ₹196.23Cr as of 25 Sep 2025.

How to Redeem Bank of India Ultra Short Duration Fund Direct IDCW Daily?

If you want to sell your Bank of India Ultra Short Duration Fund Direct IDCW Daily holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the PE and PB ratio of Bank of India Ultra Short Duration Fund Direct IDCW Daily?

The PE ratio ratio of Bank of India Ultra Short Duration Fund Direct IDCW Daily is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Name	Sector	Instrument	Assets
REC Ltd.	Financial	NCD	9.50%
LIC Housing Finance Ltd.	Financial	NCD	9.22%
Power Finance Corporation Ltd.	Financial	NCD	9.22%
National Bank For Agriculture & Rural Development	Financial	Debenture	7.68%
Axis Bank Ltd.	Financial	CD	7.64%
Kotak Mahindra Bank Ltd.	Financial	CD	7.48%
Bharti Telecom Ltd.	Communication	CP	7.08%
Kotak Mahindra Investments Ltd.	Financial	CP	6.90%
NTPC Ltd.	Energy	CP	6.18%
Reserve Bank of India	Financial	T-Bills	5.08%
AU Small Finance Bank Ltd.	Financial	CD	5.07%
Indian Bank	Financial	CD	4.97%
Export-Import Bank Of India	Financial	CD	4.95%
ICICI Securities Ltd.	Financial	CP	3.44%
Reserve Bank of India	Financial	T-Bills	1.00%

Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

	1Y	3Y	5Y	All
Fund returns	7.3%	7.0%	5.6%	7.3%
Category average	7.0%	6.8%	5.6%	NA
Rank with in category	24	23	21	NA

Debt, Ultra Short Duration funds	Rating	1Y	3Y	Fund Size(Cr)
Sundaram Ultra Short Duration Fund Direct IDCW Monthly	5	7.7%	7.5%	2,198.53
Invesco India Ultra Short Duration Fund Direct IDCW Monthly	3	7.7%	7.5%	1,329.74
PGIM India Ultra Short Duration Direct IDCW Monthly	5	7.5%	7.3%	204.04
Nippon India Ultra Short Duration Fund Direct IDCW Monthly	4	NA	NA	11,075.99
Mirae Asset Ultra Short Duration Fund Direct IDCW	4	NA	NA	1,766.30

Rank (total assets)	#31 in India
Total AUM	₹13,570.32Cr

Bank of India Ultra Short Duration Fund Direct IDCW Daily

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Expense ratio: 0.39%

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Mithraem BharuchaAug 2021 - PresentView details

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Mithraem Bharucha
Aug 2021 - Present
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